Savant Capital LLC raised its stake in shares of Taylor Morrison Home Co. (NYSE:TMHC – Free Report) by 5.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,012 shares of the construction company’s stock after buying an additional 251 shares during the period. Savant Capital LLC’s holdings in Taylor Morrison Home were worth $307,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of TMHC. V Square Quantitative Management LLC acquired a new stake in shares of Taylor Morrison Home in the third quarter valued at about $29,000. Harbor Capital Advisors Inc. acquired a new stake in shares of Taylor Morrison Home in the third quarter valued at about $34,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Taylor Morrison Home by 43.2% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 806 shares of the construction company’s stock valued at $49,000 after purchasing an additional 243 shares during the last quarter. Peterson Financial Group Inc. acquired a new stake in shares of Taylor Morrison Home in the third quarter valued at about $62,000. Finally, R Squared Ltd acquired a new stake in shares of Taylor Morrison Home in the fourth quarter valued at about $61,000. 95.16% of the stock is currently owned by institutional investors.
Taylor Morrison Home Stock Up 0.2 %
NYSE TMHC opened at $64.11 on Tuesday. The company has a current ratio of 6.24, a quick ratio of 0.69 and a debt-to-equity ratio of 0.37. The stock’s 50 day moving average is $63.43 and its two-hundred day moving average is $66.32. The company has a market capitalization of $6.63 billion, a price-to-earnings ratio of 8.48 and a beta of 2.03. Taylor Morrison Home Co. has a 1-year low of $53.17 and a 1-year high of $75.49.
Insider Activity
In related news, Director William H. Lyon sold 24,284 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $74.46, for a total value of $1,808,186.64. Following the completion of the transaction, the director now owns 2,045,316 shares in the company, valued at $152,294,229.36. The trade was a 1.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 3.50% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
TMHC has been the topic of a number of recent research reports. JPMorgan Chase & Co. decreased their target price on Taylor Morrison Home from $101.00 to $90.00 and set an “overweight” rating on the stock in a research report on Friday, December 13th. Royal Bank of Canada lifted their target price on Taylor Morrison Home from $72.00 to $74.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. Barclays raised Taylor Morrison Home from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $75.00 to $90.00 in a research report on Wednesday, December 11th. StockNews.com downgraded Taylor Morrison Home from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Finally, Raymond James reissued an “outperform” rating and set a $84.00 target price (up from $81.00) on shares of Taylor Morrison Home in a research report on Tuesday, October 29th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $83.57.
View Our Latest Stock Report on Taylor Morrison Home
Taylor Morrison Home Company Profile
Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States. The company designs, builds, and sells single and multi-family detached and attached homes; and develops lifestyle and master-planned communities. It develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties under the Urban Form brand name.
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